Form 4: Levi Strauss & Co. Director Jill Beraud Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Jill Beraud reports acquisition of dividend equivalent rights (DERs) convertible into Class A and Class B Common Stock of Levi Strauss & Co.

Summary

  • On May 9, 2025, Jill Beraud, a director of Levi Strauss & Co., reported changes in beneficial ownership.
  • Beraud acquired 88 dividend equivalent rights (DERs) representing a contingent right to receive Class A Common Stock at a price of $0.00.
  • Following the transaction, Beraud directly owns 172,534 shares of Class A Common Stock.
  • Beraud also acquired 104 DERs representing a contingent right to receive Class B Common Stock at a price of $0.00.
  • Beraud directly owns 13,998 derivative securities related to Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It doesn't inherently indicate positive or negative sentiment, but rather reports transactions.

Positives

  • The acquisition of DERs could be seen as a positive sign, indicating the director's confidence in the company's future performance.

Future Outlook

The DERs for Class A Common Stock vest on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of company insiders.

Key Dates

DateDescription
05/09/2025Date of transaction: Acquisition of dividend equivalent rights (DERs) for Class A and Class B Common Stock.
05/12/2025Date of report filing.

Keywords

beneficial ownership, Form 4, Levi Strauss & Co, LEVI, director, Jill Beraud, dividend equivalent rights, Class A Common Stock, Class B Common Stock, derivative securities

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